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Friday, June 12, 2020

Friday Watch List

Markets
The University of Michigan's index of consumer sentiment is the only report on Friday's docket, but markets have plenty else going on to stay entertained. Crop weather forecasts continue to get high attention and traders have Thursday's new supply and demand estimates from USDA to think about. Any trade news, especially concerning China, also remains of interest.

Weather
Warm and dry conditions will cover most crop areas Friday. Precipitation will be limited to local morning showers in the Southern Plains. This combination favors row crop progress and winter wheat harvest.